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Kushner and Iger Buy Lakers for $12.5 Billion

8/21/2026

27 3 Full Breakdown

Summary

Kushner, Iger Acquire Lakers

Josh Kushner and Bob Iger are buying the Los Angeles Lakers for $12.5 billion.
Mark Walter agreed to sell after a federal insurance-fraud probe began.
The Buss family will sell its remaining 17.8% stake to Kushner and Iger, according to Charania.
Jeanie Buss contests the sale, citing a 2017 court ruling that requires co-trustees’ approval.

Summary

Lakers Sale Lifts

The $12.5 billion Lakers sale could lift average NBA franchise value 21% to $6.68 billion.
Mark Walter bought a control stake in October at a $10 billion valuation, setting a new benchmark.
The deal equals roughly 20 times the Lakers’ 2025-26 season revenue, the highest multiple ever.
CNBC’s valuations show the New York Knicks and Chicago Bulls each rose 26% after the sale.

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Kushner, Iger Acquire Lakers

Josh Kushner and Bob Iger are buying the Los Angeles Lakers for $12.5 billion.
Mark Walter agreed to sell after a federal insurance-fraud probe began.
The Buss family will sell its remaining 17.8% stake to Kushner and Iger, according to Charania.
Jeanie Buss contests the sale, citing a 2017 court ruling that requires co-trustees’ approval.

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